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Western Asset Diversified Income Fund (WDI)

Taxable Bond Funds - Multisector Bond Funds

Data as of Sept. 22, 2023
Market Price $13.49 (+ $0.05)
NAV (Sept. 22, 2023) $14.97 (+ $0.03)
Fund Listed NYSE
Premium / Discount -9.89% (+0.15%)
Fund Info
Inception June 25, 2021
Website https://www.franklinte...
Phone 1-888-777-0102
Location New York
Incorporated Maryland (Subject to the Maryland Act)
Staggered Board Yes
Term Date June 23, 2033
Objective: High current income and seek capital appreciation as a secondary objective. Fund will invest across fixed income sectors and securities in seeking to deliver a well-diversified portfolio.
Related Indexes
High Income Index
60/40 Balanced (w/ BDCs) Index
Multisector Bond Fund Index
US Bond Index
Alternative Income Index
Capital & Leverage
Outstanding Shares 51,788,210
Total Assets (Reported: June 30, 2023) $1,186M
Estimated Total Assets $1,150M
Net Assets $775M
Market Cap $699M
Portfolio Turnover 14.00%
Total Leverage 32.61%
Structural Leverage (out of total) 94.63%
Portfolio Leverage (out of total) 5.37%
Expense Ratio 4.55%
Non Lev Exp Ratio 1.73%
Rel Lev Cost 5.70%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -15.95%
Discount High(3 Yr) 1.70%
Discount Rel Range (3 Yr) 34.36%
Comp Discount -4.76
Discount St Dev (1Yr) 1.87
Z-Stat (6mo) 0.98
Z-Stat (1Yr) 0.75
Z-Stat (3Yr)
Comp Z-Stat (6mo) 1.47
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 12.45%
Income Yield 12.45%
Lev Adj NAV Yield 8.46%
Distribution Frequency M
Current Distribution $0.140
Current Income $0.140
Ex-Date 10/23/23
Payable Date 11/1/23
Div Growth (3yr) %
Dividend Change 3.7% on 8/2/23
Expected Div 11/14/23
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022
Income 100%
ST Gains 0%
QDI 0%
LT Gains 0%
RoC 0%
Volume & Liquidity
Average Daily $ (K) $1,921
Avg Volume 30 day 146,799
Avg Volume 90 day 142,374
Volume Trend 3.11%
Comp Volume Trend 6.40%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's Multisector Bond Fund Index
Most Correlated Peer (Mk Pr): VGI 82.0%
NAV - Price Correlation (30 d) 62.3%
NAV - Price Correlation (90 d) 82.1%
NAV - Price Correlation (1 Yr) 90.7%
Price St Dev (1Yr) 14.3%
NAV St Dev (1Yr) 6.5%
Earnings / Share (6/30/23) $0.149
Earn Coverage 106.21%
Earnings Trend Up
UNII / Share (6/30/23) $0.266
Rel UNII 15.86
UNII Trend Up
Bond Specific Data
Maturity 13.13
Duration 5.00
Credit Rating (rbo) BB
Investment Grade 10.07%
Non Investment Grade 72.11%
Unrated Bonds 17.82%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's Multisector Bond Fund Index

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NOTES: Distribution type sourced from For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

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